I'm glad to see Big Pharma getting screwed. After their support of Obamacare, they asked for it.

10:51 am May 31, 2010

John from Greece wrote:

Dear sir, I read your article on the Greek hospital debt and I would like to inform you that most of the companies in Greece will not accept such a solution. Today one of of the bodies (PASIPIE) representing a big number of companies declined the offer. We are not all of us big pharmaceutical companies we are small family business working hard to survive. I own a compaqny that provided goods and servives to the Greek hospitals and we have not been paid for more than 16 months while we are forced to pay in a montly basis the VAT and this month we were forced to pay our yearly taxation. So to make it clear to you, we are paying vat and taxation withour being paid by the hospitals. So we are in this akward position to finance the hospitals with good and services and then we are refinancing them with vat and taxation for services and goods we are not paid and the worse of all we dont know when we will be paid. Also to accept securities that will mature in 5 years from today it means that we are accepting a discount of at least 30%. So let me make some calcualations we are paying charges to the bank in order to finance our operartion of 8% per year we are paying interest charges in order to finance the vat and taxation and on top of all these they are asking us of a discount of 30%. It is unbelievable.....THerefore we will never accept such joke and it I see these gents in the street I will throw a huge nice Greek velvet yoghurt on their face.

Also concerning the transparant bidding system...... Please allow me to laugh hard........ The ministry of health just sent a letter to all hospitals stating that since they are delaying with the bidding system and the announcement of new tenders, they are asking the hospitals to INVITE companies as many as they can on each sector to give their offers. All these until the new tenders come out. However let me enlighten you with what it means this invitation....It means that the hospital will invite only the companies they want, leaving out other more competitive pricing companies, setting up their own game. Invitation means that they will not be forced to publicly announce it nor they will be forced to call all the companies available in the market, So where is the transparant system where are the good intentions of the government.

I am sorry we are all fed up with big words coming from useless mouths.

1:33 pm May 31, 2010

JSC wrote:

Why not support Greece? Big Pharma knows it has purchased enough votes in the US Congress to get whatever price they want for forced Obama Care drug programs in America. They gouge the US and then give free handouts overseas to lock in the market.
Best of all, when they go into debt, politicians can declare Too-Big-To-Fail (again) and the taxpayer will bail them out. Win-Win-Lose(for the American taxpayer).

10:08 am June 15, 2010

Best Buy Finance wrote:

I’m glad to see Big Pharma getting screwed. After their support of Obamacare, they asked for it.

2:13 am June 20, 2010

smith wrote:

Also concerning the transparant statement system…… Delight give me to laugh hard…….. The ministry of wellbeing retributive sent a document to all hospitals stating that since they are delaying with the invitation scheme and the declaration of new tenders, they are asking the hospitals to Bespeak companies as numerous as they can on each aspect to present their offers. All these until the new tenders rise outDebt Recovery a>

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